Wayne, Pa.-based GHR Systems has announced that both Washtenaw Mortgage and DeepGreen Financial have joined the company's multilender transaction portal, BrokerOneSource.BOS currently has over 5,000 brokers using the site as a point-of-sale tool and over 25 lenders, as well as various third-party service providers, according to GHR Systems. The addition of the two lenders will further diversify the services offered, as Washtenaw is a wholesale mortgage bank and DeepGreen is a business-to-business home equity lender. The announcement came at the Mortgage Bankers Association Annual Convention in San Francisco. GHR's BOS can be found on the Web at http://www.brokeronesource.
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The founder who was recently ousted as CEO said he wants to return the company to its positive trajectory, after last week's shakeup battered its stock price.
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The lender won its motion for summary judgment just about two months after the court denied a plaintiff's attempt to certify a class of over 50,000 consumers.
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While delinquencies eased overall quarter to quarter, they trended upward on a yearly basis across all loan types, the Mortgage Bankers Association said.
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The seller surplus was a result of sluggish demand as opposed to increased supply. The 30-year fixed-rate mortgage rose every week in July to 6.66%.
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More than a third of listings are below their original ask, with entry-level homes seeing frequent cuts in several metros, Movoto data shows.
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For the first time in six weeks, the 30-year fixed rate mortgage dropped, with observers expecting a steady but challenging housing market for the rest of 2026.
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